We’re excited to see you all again and offer a true potential golden opportunity!
FCGD offers followers a real shot at what looks like a huge possible bounce play.
After reading up on all the recent activity, this company is proving that it has a real promising possibility of achievement.
FCGD (First Colombia Gold Corp.)
FCGD presents a potential opportunity for followers, as it seems to be actively engaging in their commitment to their business model of acquiring assets and focusing on oil and gas production in Kentucky, as well as precious metal exploration in Montana.
Priced at under a penny, FCGD looks as if it is a bargain in comparison to how much activity and production it’s involved in.
First Columbia Gold Corp. could be ready to exit its bottomed out position on its chart and start its climb towards the top.
CEO, Jason Castenir seems to be following through and achieving the company’s goal to generate new streams of revenue to support their plans for aggressive growth.
FCGD’s revenue streams are not simply in the mineral business; late November they announced an exciting new find of oil in Kentucky giving them an advantage over their competition.
They intend on vertically integrating within the industry to emphasize control on costs and expenditures as well as leveraging their interests in the market.
The company currently has interests in 96 wells with a gross acreage of 4,302 acres.
They have ownership of certain oil wells, leases and working assets in Kentucky and Tennessee, with efforts in accruing securities abroad like Mexico and Colombia.
Earlier in the month, the company began restructuring business processes to streamline production cost, reduce overhead and cut labor expenses. After retooling and restructuring labor costs and overhead expenses, the company announced it has reduced its production costs to just under $25 per barrel.
Last month the company’s CEO made a statement that grabbed the attention of investors across the OTC markets and that buzz is still buzzing.
CEO Jason Castenir stated, "This development is just added confirmation of how profitable our company truly can be. Most companies our size have a tremendous amount of debt and overhead and we just don't have that problem. We have structured our operations in such a way as to achieve a low extraction cost. The company is looking to take advantage of this low oil market to make additional acquisitions in the oil industry. We have a great strategy in place."
You can read that whole report here: http://finance.yahoo.com/news/first-colombia-gold-takes-advantage-120000302.html
BUSINESS SUMMARY
(FCGD - First Colombia Gold Corp.)
First Colombia Gold Corp. is a capital company engaging in the acquisition, exploration, and development of natural resource, energy, and real estate projects in Europe, North America, and South America.
First Colombia Gold Corp. was founded in 1997 and is based in Memphis, Tennessee.
The Company’s strategy is to build assets and cash flow through acquiring undervalued energy assets and build value through:
FCGD expects this business plan to implement our strategy will result in a business model providing three revenue streams:
The company was formerly known as Amazon Goldsands Ltd. and changed its name to First Colombia Gold Corp. in November 2010.
The current business model is in developing diversified revenue streams through the acquisition of undervalued assets while leveraging operational management systems internally. Practices include improving operational efficiency and responding to volatile markets effectively.
FCGD currently has interests in 96 wells with a gross acreage of 4,302 acres. With ownership interests of certain oil wells, leases and working interests in the counties of Cumberland, Moroe and Clinton in Kentucky and Overton, Tennessee.
The company holds interests in the South Idaho silver project covering approximately 160 acres located to the south of Boise, Idaho; and the Boulder Hill project with 3 unpatented mining claims covering an area of approximately 60 acres located in the Lincoln County, Montana. It also holds interests in the Skip Silver prospect with 2 unpatented mining claims covering approximately 40 acres located in Montana. The company also signed a memorandum of understanding for 50% interest in a project located in Marysville Mining District in the Marysville area, and is comprised of the Nile Mine and nearby Springer II Placer mining claim, comprising approximately fifty-five acres. The Nile Mine Project consists of two unpatented lode claims covering over 1,000 feet in Montana.
Facebook: http://www.facebook.com/FirstColombiaGold
Twitter: http://www.twitter.com/FCGDCorp
Youtube: http://youtu.be/iTsRiu3NqXk
MARKET OUTLOOK
January was the seventh consecutive month in which monthly average North Sea Brent crude oil prices decreased, reaching $48/barrel (bbl), the lowest since March 2009. The price decline reflects continued growth in U.S. tight oil production and strong global supply, amid weaker global oil demand growth, which contributed to rising global oil inventories. In January, estimated Organization for Economic Cooperation and Development (OECD) total commercial oil inventories reached their highest level since August 2010.
EIA forecasts that Brent crude oil prices will average $58/bbl in 2015 and $75/bbl in 2016, with 2015 and 2016 annual average West Texas Intermediate (WTI) prices expected to be $3/bbl and $4/bbl, respectively, below Brent. This price outlook is unchanged from last month's forecast. The current values of futures and options contracts continue to suggest very high uncertainty in the price outlook (Market Prices and Uncertainty Report). WTI futures contracts for May 2015 delivery, traded during the five-day period ending February 5, averaged $52/bbl while implied volatility averaged 52%, establishing the lower and upper limits of the 95% confidence interval for the market's expectations of monthly average WTI prices in May 2015 at $33/bbl and $81/bbl, respectively. The 95% confidence interval for market expectations widens over time, with lower and upper limits of $32/bbl and $108/bbl for prices in December 2015.
http://www.eia.gov/forecasts/steo/
INVESTOR HIGHLIGHTS
FCGD appears ready to make a climb out of its current position.
FCGD’s immediate objective is to complete their acquisition of oil interests and begin generating revenue and cash flow.
FCGD looks like it could be a real bargain at just under penny and all the potential upside that it appears to offer.
FCGD focuses on identifying undervalued opportunities that they believe have potential for solid cash flow and growth in asset value.
FCGD could be the golden goose we all need right now.
You all know the drill from here. Don’t delay any longer, start your own research and see it for yourselves. Remember to book a profit when you can and always remember to never risk any more than you could afford to lose.
